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Soft Opening for $100-Mil., 329-Room Mandarin Oriental Hotel Set for November at Brickell Key.

MIAMI-Swire Properties has 75% stake in the super-luxury asset. Mandarin Hotel Group of Hong Kong holds a 25% interest. Estimated construction cost: $303,951 per room.

By Harold Kelman | Updated on August 18, 2000

Hong Kong interests have announced a soft opening in November for their new $100 million, 329-room hotel at Brickell Key. The formal debut is next March. Estimated construction cost of the asset is $303,951 per room.

The new Miami-area property will be operated under the Mandarin Oriental banner. The Mandarin Hotel Group holds a 25% interest; Swire Properties has a 75% stake.

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